Pierce Law Group | Estate Administration Lawyers North Carolina
North Carolina Probate and Estate Administration Lawyers
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What if an estate account earns interest before closing? | NC

Pierce Law Group

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Q: What happens if the estate account keeps earning interest while the final accounting is being prepared? A: In North Carolina, that interest belongs to the estate. The personal representative should not ignore it just because the final accounting is almost done. Any interest that posts before the estate account is closed should be added as an estate receipt. Then the personal representative…

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